---
schema_version: "secwatch.filing_event.v1"
accession: "0000216085-23-000015"
form_type: "8-K"
ticker: "HVT"
cik: "0000216085"
company_name: "HAVERTY FURNITURE COMPANIES INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T03:26:41.388911+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Havertys Q3 EPS $1.02, sales down 19.7% YoY; gross margin expands to 60.8%

## Summary
- Diluted EPS $1.02 vs $1.46; net income $17.2M vs $24.6M; sales $220.3M (-19.7%).
- Comparable-store sales declined 20.7%; written comp sales down 12.6% for the quarter.
- Gross profit margin rose to 60.8% from 57.1%; LIFO reserve added $2.3M to gross profit.
- Full-year 2023 fixed SG&A guidance trimmed to $286-288M; variable SG&A expected 19.6-19.8%.
- No debt outstanding; $141.4M cash; opened stores in Charlotte and Dayton; converting four Bed Bath & Beyond locations.

## SEC filing metadata
- accession: 0000216085-23-000015
- form_type: 8-K
- ticker: HVT
- cik: 0000216085
- company_name: HAVERTY FURNITURE COMPANIES INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216085/000021608523000015/0000216085-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216085/000021608523000015/hvt8k11123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000216085-23-000015
- JSON: https://secwatch.observer/filing/0000216085-23-000015.json
- Plain text: https://secwatch.observer/filing/0000216085-23-000015.txt

## Key facts
- Earnings Releases
  HAVERTY FURNITURE COMPANIES INC reported quarter ended September 30, 2023 results: revenue $220.3 million, EPS $1.02.
  - Period: quarter ended September 30, 2023
  - Revenue: $220.3 million
  - EPS: $1.02
  - Result: reported results
  source text: September 30, 2023 . Third quarter 2023 versus third quarter 2022 : • Diluted earnings per common share (“EPS”) of $1.02 versus $1.46 . • Consolidated sales decreased 19.7% to $220.3 million . Comparable-store sales decreased 20.7% . • Gross profit margin increased to 60.8% from 57.1%. Clarence H. Smith, Chairman and CEO said, “Our third quarter results reflect a
  evidence_url: https://www.sec.gov/Archives/edgar/data/216085/000021608523000015/0000216085-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.